In the Reconciliation of a Bank Statement, "Deposits in Transit

question 187

Short Answer

In the reconciliation of a bank statement, "deposits in transit" should be:
A) added to the unadjusted book balance
B) subtracted from the unadjusted bank balance
C) added to the unadjusted bank balance
D) subtracted from the unadjusted bank balance

• A) added to the unadjusted book balance
• B) subtracted from the unadjusted bank balance
• C) added to the unadjusted bank balance
• D) subtracted from the unadjusted bank balance

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Definitions:

Derived Class

A class in object-oriented programming that inherits methods and properties from another class, known as the base or parent class.

Base Class

A class from which other classes are derived, also known as a parent or superclass.

Equals Method

A method in many programming languages, such as Java, used to compare two objects for equality.

Super Keyword

A reference variable used in Java to refer to the immediate parent class of the current class.